Commit To Purchase Consolidated Communications Holdings At $7.50, Earn 10% Annualized Using Options
March 14, 2018 at 11:49 AM EDT
Investors eyeing a purchase of Consolidated Communications Holdings Inc (CNSL) stock, but cautious about paying the going market price of $11.81/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $7.50 strike, which has a bid at the time of this writing of 45 cents..
